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Accounting - Advanced

Summary

This popular vocational programme is designed to meet the needs of accounting graduates who wish to pursue a career as an Irish Chartered Accountant. It is an academically challenging programme which attracts high calibre accounting graduates. It allows students to combine a postgraduate master's qualification with study for professional examinations.

About

This well established and popular 'dual award' programme is designed to meet the needs of accounting graduates who wish to pursue a career as an Irish Chartered Accountant. It is an academically challenging one-year taught programme which encompasses both professional and conceptual material, enabling accounting graduates to study for a master's award and at the same time gain exemptions from professional examinations of Chartered Accountants Ireland. It is one of the leading programmes of its kind in Ireland and is the result of close collaboration with CAI, and the in-depth experience and expertise of the course team.

It is an aim of the programme to develop the high level of skills, understanding and leadership capability considered necessary for embarking on a career as a Chartered Accountant, and to obtain a deeper understanding of the contemporary problems and issues faced by accounting and business professionals. The master's dissertation element of the programme will enable students to develop their research and analytical skills further by completing a piece of primary research.

A highly desirable feature of the programme is the level of sponsorship provided by employers. Students being sponsored on the programme receive payment of tuition fees, generous book allowances and in some instances loans and laptops.

Recent employers and sponsors of graduates include ASM, BDO, Deloitte, EY, FPM, KPMG, Moore Stephens, PwC, RSM McClure Watters.

Professional recognition

Chartered Accountants Ireland

Accredited by Chartered Accountants Ireland for the purpose of exemption from some professional exams.

Entry requirements

Entry Requirements

Entrants will normally possess a good second class Honours degree (currently 2.1) in an accounting discipline and must also be exempt from all CAP 1 subjects of Chartered Accountants Ireland.

Students who have successfully completed the Graduate Diploma in Accounting (currently with commendation) and gained full CAP 1 exemptions are also invited to apply. English language competence: minimum IELTS score of 6.0 or equivalent.

Prior to admission to this course, students must provide the University with a certificate of exemption from Chartered Accountants Ireland. Exemption Application Forms are available at www.charteredaccountants.ie and the deadline for applications is 31 July.

English Language Requirements

English language requirements for international applicants
The minimum requirement for this course is Academic IELTS 6.0 with no band score less than 5.5. Trinity ISE: Pass at level III also meets this requirement for Tier 4 visa purposes.

Ulster recognises a number of other English language tests and comparable IELTS equivalent scores.

Exemptions and transferability

This programme grants successful graduates exemptions from all CAP 2 level subjects of Chartered Accountants Ireland and permits students to progress directly to the final admitting examinations (FAE) of Chartered Accountants Ireland.

Duration

Attendance

Over the course of one academic year, lectures and seminars are scheduled during the University working day, and typically spread over three/four days per week during each semester. Typically 15-18 contact hours per week with the remainder of the time allocated to independent study.

Careers or further progression

Career options

Career Options

Employment prospects for students completing this programme are excellent, with typically close to 100% of students securing training contracts with Chartered Accountancy firms.

The programme is highly regarded by employers, with many of the large and medium sized chartered accountancy firms sponsoring students on the programme. See Fees & Funding.

On successful completion of the programme, students not only gain a postgraduate qualification but also full CAP2 exemptions. With pass rates typically at 100%, students only have to complete the final FAE examinations in order to qualify as a Chartered Accountant.

The goal of the programme is to produce high-calibre graduates who will progress quickly through their professional training and advance to senior management positions within the accountancy profession.

Career opportunities for Chartered Accountants have never been better. Currently, two thirds of CAI members are working in industry, business or finance. Many leading companies in Ireland have a Chartered Accountant as their Financial Director or Chief Executive. A third of members are currently working in practice. International recognition brings global mobility for members with over 3,500 members working outside Ireland (e.g. Australia, USA, Canada, Caribbean).

Further enquiries

Admissions contact regarding application process:
Jenny Semple
T:+44 (0)28 9036 8397
E: je.semple@ulster.ac.uk

Course Director: Helen McGuffin
Lecturer in Accounting
T: +44 (0)28 9036 8716
E: hm.mcguffin@ulster.ac.uk

Subjects taught

Year one

International Corporate Reporting
This module aims to equip students with the competence to prepare financial statements for individual companies in accordance with IFRS and relevant legislation. It provides students with the opportunity to evaluate key conceptual issues surrounding financial reporting and further develop their appreciation of financial accounting concepts and application of the theory and practice of financial reporting, in the construction and interpretation of financial statements.

Audit, Assurance and Professional Ethics
This module provides students with the opportunity to gain an in-depth understanding of audit and assurance services. It combines audit and assurance concepts with their application to professional practice. It also highlights the responsibilities and ethical dilemmas faced by auditors and assurance providers.

Strategic Financial Management
The module seeks to explain, illustrate and evaluate the principles of the finance, investment and dividend decisions and their practical application to a range of contemporary management concerns and challenges within large companies. Topics include financial strategy formulation, investment decisions, financing decisions and distribution decisions. A particular focus is dealing with risk in decision-making. Finally, underpinning each topic is the need to behave ethically in all business dealings.

Corporate and Business Taxation
This module provides students with the opportunity to gain an in-depth understanding of Corporation tax for limited companies and groups of companies including multi-national groups. It also provides students with the opportunity to evaluate key ethical issues surrounding corporate and business taxation.

International Group Reporting
This module aims to equip students with the competence to prepare financial statements for groups in accordance with IFRS and relevant legislation. It provides students with the opportunity to evaluate key conceptual issues surrounding financial reporting and further develop their appreciation of financial accounting concepts and application of the theory and practice of financial reporting, in the construction and interpretation of financial statements.

Personal Tax Planning
This module provides students with the opportunity to analyse and evaluate personal taxes including income tax, capital gains tax, inheritance tax and stamp duty. The principles of personal taxation are then applied to non-corporate businesses. The module also considers overseas aspects of personal tax and the interaction of taxes.

Strategic Management Accounting
The module will develop students' appreciation of strategic management accounting in the context of organisational strategy, business planning and development. Through extensive use of case studies and academic journal articles, the module will enable students to critically appraise advanced practices and theories of the discipline.

Research Methods
The research methods module will provide students with an understanding of the research process when conducting research in the broad area of accounting. This will involve consideration of the development of appropriate research questions, undertaking a literature review, identification and justification of an appropriate research methodology, data collection and analysis, reporting findings in an effective manner, drawing appropriate conclusions and identifying the limitations of the research process.

Cybercrime
This module is optional
In today's increasingly networked digital age, a knowledge of cybercrime and its impact on the operations of businesses is important. This module provides insights from both a theoretical perspective including the professional and ethical issues relating to cybercrime and a technical perspective such as legislating for cybercrime and the importance of creating cyber risk management systems.

Dissertation
This module is optional
The dissertation will enable students to gain a deep understanding of a research area within the broad area of accounting. The dissertation also provides students with an in-depth understanding of the process of conducting research, including the range of research methodologies available. Moreover, the dissertation aims to build upon and enhance the research skills acquired by the student on the research methods module, thereby developing and enhancing the student as an independent learner.

Application date

Application is through the University's online application system.

Enrolment and start dates

Start Date: September 2019

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